Profits for the year will be ahead of last year at £1.8mln, with an increase in the value of 29%-owned financial products associate Incubex offsetting restructuring costs and one-off costs.

Richard Burrell, chief executive, said: “We have seen a significant expansion of our operations in 2017 and 2018 and we look forward to further progress across our Biomass Heat Business, our Projects Business and from our Investments in the new financial year."

AMP is a distributed energy company specialising in the sale of wood fuels and the financing and installation of energy projects including biomass boiler ESCOs (Energy Supply Contracts) as well as stand by power generation and battery storage facilities.

AMP is a distributed energy company specialising in the sale of wood fuels and the financing and installation of energy projects including biomass boiler ESCOs (Energy Supply Contracts) as well as stand by power generation and battery storage facilities.